To see the other types of publications on this topic, follow the link: Real Option.

Dissertations / Theses on the topic 'Real Option'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 dissertations / theses for your research on the topic 'Real Option.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse dissertations / theses on a wide variety of disciplines and organise your bibliography correctly.

1

Sing, Tien Foo. "Real options in real estate : irreversibility, volatility and option premia in UK commercial property market." Thesis, University of Cambridge, 1998. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.396039.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Müller, Jürgen. "Real option valuation in service industries /." Wiesbaden : Dt. Univ.-Verl. [u.a.], 2000. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=008939946&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

SANTOS, MAURICIO SANT ANNA DOS. "A EVOLUTIONARY REAL OPTION GAME WITH THE OPTION TO DEFER INVESTMENT." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2015. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=26402@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>O objetivo desta dissertação é demonstrar que mesmo em ambientes em que a decisão do individuo não segue a racionalidade, podemos obter uma estratégia ótima. Com o auxilio do equilíbrio evolucionariamente estável (ESS), conseguimos analisar casos diferentes da literatura usual de teoria dos jogos em que mesmo com escolhas sem racionalidade, encontramos a melhor estratégia, para tal usaremos a metodologia do jogo de opçõ
APA, Harvard, Vancouver, ISO, and other styles
4

PETRONI, DEBORA PIRES DE SOUZA. "REAL ESTATE ANALYSIS: A REAL OPTION AND GAME THEORY APPROACH." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2010. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=32834@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>No ramo imobiliário, a tomada de decisão deve ser rápida e precisa. São muitas as incertezas que podem afetar um projeto. Por isso, o Estudo de Viabilidade é fator determinante de sucesso ou fracasso de uma incorporação. Hoje o método de análise largamente utilizado é o do Fluxo de Caixa Descontado (FDC), onde o valor do projeto e seus parâmetros de resultado baseiam-se no Valor Presente Líquido (VPL) do fluxo. Porém, e
APA, Harvard, Vancouver, ISO, and other styles
5

She, Yuling S. M. Massachusetts Institute of Technology. "Redevelopment option value for industrial property." Thesis, Massachusetts Institute of Technology, 2020. https://hdl.handle.net/1721.1/127858.

Full text
Abstract:
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2020<br>Cataloged from the official PDF of thesis.<br>Includes bibliographical references.<br>This paper searches for the property value component due to existence of a redevelopment option. We do an empirical study based on over 6,600 industrial property transactions across United States from 2000 to 2018. This can be seen as a discovery journey of improving the methodology in identifying and evaluating the redevelopment option valu
APA, Harvard, Vancouver, ISO, and other styles
6

Fischer, Andreas. "The real option process in strategic management /." Bamberg : Difo-Druck, 2002. http://www.gbv.de/dms/zbw/356760855.pdf.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Djokovic, Djordje. "High technology commercialisation : a real option approach." Thesis, City University London, 2011. http://openaccess.city.ac.uk/1112/.

Full text
Abstract:
The impact of uncertainty in the commercialization lifecycle of new technologies is a complex phenomenon. Technologies are research intensive and exposed to uncertainty regarding their successful development and functionality. Further these technologies have to be absorbed by volatile markets in order to be commercialized. These different forms of uncertainty are of primary importance for decision makers but have not been thoroughly studied in previous technology commercialization research and put under one theoretical framework. The main focus of this thesis is to comprehend the recently grow
APA, Harvard, Vancouver, ISO, and other styles
8

ALVES, MARIANA DE LEMOS. "FLEX FUEL CAR: A REAL OPTION VALUATION." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2007. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=10553@1.

Full text
Abstract:
A tecnologia flex fuel foi desenvolvida pelo centro de pesquisas da Bosch do Brasil e lançado comercialmente no país em 2003. O conceito desse automóvel originou-se da possibilidade do carro utilizar como combustível álcool, gasolina ou qualquer proporção de mistura entre os dois em um mesmo tanque de combustível. Essa flexibilidade na escolha do combustível do carro flex fuel e a existência de incerteza com relação ao preço do álcool e da gasolina, agregam valor ao automóvel, pois o consumidor pode escolher o combustível mais barato toda vez que abastece o veículo. Este trabalho busca
APA, Harvard, Vancouver, ISO, and other styles
9

Bhargav, Shilpa Anandrao. "Impacts of project management on real option values." Thesis, Texas A&M University, 2004. http://hdl.handle.net/1969.1/1455.

Full text
Abstract:
The cost of construction projects depends on their size, complexity, and duration. Construction management applies effective management techniques to the planning, design, and construction of a project from conception to completion for the purpose of controlling time, cost and quality. A real options approach in construction projects, improves strategic thinking by helping planners recognize, design and use flexible alternatives to manage dynamic uncertainty. In order to manage uncertainty using this approach, it is necessary to value the real options. Real option models assume independence of
APA, Harvard, Vancouver, ISO, and other styles
10

Blanck, Andreas. "American Option Price Approximation for Real-Time Clearing." Thesis, Umeå universitet, Institutionen för fysik, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-144435.

Full text
Abstract:
American-style options are contracts traded on financial markets. These are derivatives of some underlying security or securities that in contrast to European-style options allow their holders to exercise at any point before the contracts expire. However, this advantage aggravates the mathematical formulation of an option's value considerably, explaining why essentially no exact closed-formed pricing formulas exist. Numerous price approximation methods are although available, but their possible areas of application as well as performance, measured by speed and accuracy, differ. A clearing hous
APA, Harvard, Vancouver, ISO, and other styles
11

Parthasarathy, Priya. "Real Option valuation of electricity Generators in Alberta." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 2000. http://www.collectionscanada.ca/obj/s4/f2/dsk1/tape3/PQDD_0021/MQ55178.pdf.

Full text
APA, Harvard, Vancouver, ISO, and other styles
12

VIDAL, ALEXANDRE PANZA. "MINING PROJECT VALUATION APPLYING THE REAL OPTION THEORY." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2008. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=12985@1.

Full text
Abstract:
A demanda por commodities mineral e energético no mundo vem sofrendo um forte aumento nos últimos anos causado principalmente pelo crescimento da economia chinesa. No setor de minério de ferro movimentos de aquisições e consolidações são cada vez mais freqüentes pois grandes grupos siderúrgicos buscam, por meio de aquisições, garantir o fornecimento de seu principal insumo e se proteger contra a forte variação do preço no mercado e, por outro lado, empresas de mineração, ao se consolidarem, se protegem contra essas ameaças. A avaliação de novos projetos de mineração é fundamental para
APA, Harvard, Vancouver, ISO, and other styles
13

PANTOJA, CAROLINE DA SILVA. "REAL OPTION THEORY: AN APPROACH TO WIND POWER." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2013. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=22854@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>O Setor Elétrico Brasileiro (SEB) vem passando por diversas mudanças. A reforma iniciada em 1993 implicou na alteração da característica do setor de ser até então majoritariamente estatal. As alterações no SEB nos anos de 2003 e 2004 implementaram os chamados Ambientes de Contratação Regulado e Livre, respectivamente ACR e ACL. Recentemente, mais mudanças estruturais marcaram o SEB com a nova Lei de número 12.783/13, que trata da renovação das concessões do setor. Neste contexto, destacam-se os empreendimentos eólicos e seu aumento de parti
APA, Harvard, Vancouver, ISO, and other styles
14

GIL, RODRIGO. "CARAJÁS EXPANSION PROJECT VALUATION USING REAL OPTION THEORY." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2014. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=24005@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>Segundo a Associação de Comércio Exterior do Brasil, o minério de ferro representou 12,8 porcento do total exportado pelo Brasil em 2012, se mantendo como primeiro produto, em valor, na pauta de exportação brasileira. Nesse contexto, o complexo Carajás, localizado no sudeste do estado do Pará em operação desde 1985, destaca-se por ser a maior reserva do país e por ter o minério com maior teor de ferro do mundo. Este trabalho tem como objetivo avaliar o projeto de expansão de Carajás, conhecido como projeto S11D,através da teoria de opções r
APA, Harvard, Vancouver, ISO, and other styles
15

SILVA, RODRIGO ROCHA DA. "FPSO CHARTERING CONTRACTS VALUATION USING REAL OPTION APPROACH." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2015. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=29455@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>Contratos de afretamento de FPSO, tipicamente contêm cláusulas de extensão de prazo após um número fixo de anos, sendo que o exercício dessas opções de extensão é prerrogativa da empresa de Exploração e Produção (E e P) que contrata o ativo. Dado que esta flexibilidade gerencial não é capturada pelos métodos tradicionais de avaliação de projetos como o método do Fluxo de Caixa Descontado, um desafio surge: como definir o valor do projeto dado que existem opções de extensão contratual? Neste trabalho foi utilizada a TOR (Teoria de Opções Rea
APA, Harvard, Vancouver, ISO, and other styles
16

Essono, Fabrice Assoumou. "Using real option analysis to value financial strategies." Thesis, Stellenbosch : Stellenbosch University, 2005. http://hdl.handle.net/10019.1/50540.

Full text
Abstract:
Thesis (MBA)--Stellenbosch University, 2005.<br>ENGLISH ABSTRACT: This study project focuses on the use of real options valuation in a tactical financing setting. The objective is to identify real option values in financial restructuring situations. These options are generated by the use of hybrid financial instruments such as warrants, preferred stocks and convertibles. In the analysis, it will be demonstrated that the binomial approach, a method commonly used in real options analysis, can be applied to draw a monetary value from specific financial transactions (e.g., leverage buyouts)
APA, Harvard, Vancouver, ISO, and other styles
17

Agenbag, André. "Using real option analysis to manage project risk." Thesis, Stellenbosch : Stellenbosch University, 2003. http://hdl.handle.net/10019.1/53707.

Full text
Abstract:
Thesis (MBA)--Stellenbosch University, 2003.<br>ENGLISH ABSTRACT: This study project aims to use "Real Option Analysis" as a tool to translate financial hedging strategies into business strategies that can be used to hedge business projects against their associated risks. Financial investments are often hedged by means of further investment in financial option structures. These option structures give the investor the option (and sometimes the obligation) to change the constituents of his original investment, depending on changes in the external environment. A well engineered option stru
APA, Harvard, Vancouver, ISO, and other styles
18

Sattarnusart, Warut. "Real Options in Real Estate Development Investment." Thesis, KTH, Industriell ekonomi och organisation (Inst.), 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-98100.

Full text
Abstract:
Real estate development investment requires a large capital funding but it has slow payback with many risks and uncertainties in the investment. The current approach by using NPV to evaluate this type of investment is not adequate anymore. This is because NPV does not thoroughly capture the uncertainties in the investment and the method ignores the management flexibility whether to postpone or abandon the project in the future. An alternative approach that addresses these issues is to use real options to evaluate this type of investment. The thesis uses the real option model that was proposed
APA, Harvard, Vancouver, ISO, and other styles
19

Russo, Marcelo Moreira. "Are real options a real option for real-world finance professionals? Case study: the application of real options to evaluate investment projects in the latin american oil and gas field services industry." reponame:Repositório Institucional do FGV, 2012. http://hdl.handle.net/10438/10375.

Full text
Abstract:
Submitted by Marcelo Moreira Russo (marcelo_m_russo@yahoo.com) on 2013-01-11T00:33:15Z No. of bitstreams: 1 20130110-Dissertacao-Real Option_Marcelo Russo.pdf: 1191678 bytes, checksum: a84358a46e9372d37389260fc8dbf38f (MD5)<br>Approved for entry into archive by Eliene Soares da Silva (eliene.silva@fgv.br) on 2013-01-11T12:56:21Z (GMT) No. of bitstreams: 1 20130110-Dissertacao-Real Option_Marcelo Russo.pdf: 1191678 bytes, checksum: a84358a46e9372d37389260fc8dbf38f (MD5)<br>Made available in DSpace on 2013-01-11T13:07:53Z (GMT). No. of bitstreams: 1 20130110-Dissertacao-Real Option_Marcelo R
APA, Harvard, Vancouver, ISO, and other styles
20

FONTANET, FLAVIA AGUIAR. "EVALUATION OF AN OPTION TO WAIT FOR A WIND FARM BY THE METHOD REAL OPTIONS." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2012. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=22813@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE EXCELENCIA ACADEMICA<br>O investimento em energias é fundamental para a manutenção do crescimento econômico. O aumento da demanda impulsiona a busca por novas fontes que sejam eficientes e renováveis. Nesse contexto, o aumento dos investimentos em energia eólica vem se expandindo em todo o mundo. Entretanto, no caso do Brasil, esses investimentos apresentam diversos fatores de risco, tanto na regulação quanto nas condições técnicas e de mercado. A Teoria de Opções R
APA, Harvard, Vancouver, ISO, and other styles
21

Adams, Jörg. "Applicability of real option valuation for high-risk investments /." Aachen : Shaker, 2004. http://www.gbv.de/dms/zbw/381000915.pdf.

Full text
APA, Harvard, Vancouver, ISO, and other styles
22

FONSECA, FERNANDO VAIROLATTI DEL NEGRO. "PROJECT VALUATION ON CHEMISTRY SECTOR: A REAL OPTION APLICATION." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2008. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=11874@1.

Full text
Abstract:
CONSELHO NACIONAL DE DESENVOLVIMENTO CIENTÍFICO E TECNOLÓGICO<br>O presente documento tem por objetivo realizar a análise de viabilidade econômica para a implantação e operação da Fase 1 de um modelo de negócios voltado para a produção, no mercado brasileiro, de tintas especiais para aplicações industriais. Tal análise foi desenvolvida utilizando-se a Teoria das Opções Reais em um processo de simulação de Monte Carlo onde os custos (fatores de incerteza) serão considerados estocásticos seguindo um movimento de reversão à média. Desta forma serão quantificados os efeitos das flexibilida
APA, Harvard, Vancouver, ISO, and other styles
23

Fayet, Jean-Baptiste 1974. "Real option approach to investments in electricity generating capacity." Thesis, Massachusetts Institute of Technology, 2000. http://hdl.handle.net/1721.1/80939.

Full text
APA, Harvard, Vancouver, ISO, and other styles
24

Ipsmiller, Edith, Keith D. Brouthers, and Desislava Dikova. "25 Years of Real Option Empirical Research in Management." Wiley, 2019. http://dx.doi.org/10.1111/emre.12324.

Full text
Abstract:
For several decades, management scholars have extolled the virtues of using real option logic when making decisions under uncertainty. Real option logic suggests that in such situations, firms might be better off deferring or staging investments, reducing potential financial losses, while at the same time securing an option to grow (or abandon) the investment when uncertainty abates. Our analysis of the empirical research published in leading management journals over the past 25 years suggests that while some progress has been made, much more work needs to be done. We
APA, Harvard, Vancouver, ISO, and other styles
25

Van, Enckevort Anna Marie. "Real option valuation of a portfolio of oil projects." Thesis, Imperial College London, 2007. http://hdl.handle.net/10044/1/8756.

Full text
Abstract:
Various methodologies exist for valuing companies and their projects. We address the problem of valuing a portfolio of projects within companies that have infrequent, large and volatile cash flows. Examples of this type of company exist in oil exploration and development and we will use this example to illustrate our analysis throughout the thesis. The theoretical interest in this problem lies in modeling the sources of risk in the projects and their different interactions within each project. Initially we look at the advantages of real options analysis and compare this approach with more trad
APA, Harvard, Vancouver, ISO, and other styles
26

MELLO, MARCELO BRAGA CORREA DE. "INVESTMENT PROJECT EVALUATION USING REAL OPTIONS: STANDBY OPTION VALUE CALCULATION OF A GRID-CONNECTED PHOTOVOLTAIC SYSTEM." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2015. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=25462@1.

Full text
Abstract:
Nos últimos anos, a energia fotovoltaica ganhou um espaço muito grande no cenário internacional e se tornou a terceira maior fonte mundial de geração de energia renovável, ficando atrás somente da energia hidroelétrica e da energia eólica. No Brasil, apesar de todas as características naturais favoráveis, tanto do ponto de vista de disponibilidade solar como de possibilidades de produção de silício com alto grau de pureza, a energia fotovoltaica tem uma participação incipiente na matriz energética. A Agência Nacional de Energia Elétrica (ANEEL), através da publicação da Resolução n. 482, procu
APA, Harvard, Vancouver, ISO, and other styles
27

DIWAN, JOSE ROBERTO. "ANALYSIS OF ALTERNATIVES OF INVESTMENT IN THE PETROLIFEROUS AREA UNDER THE OPTICS OF THE REAL OPTIONS INLAYING THE INVESTMENT OPTION IN INFORMATION." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2004. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=5075@1.

Full text
Abstract:
COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>A inclusão da flexibilidade gerencial nas avaliações de projetos vem promovendo análises mais condizentes com a realidade, quando comparadas àquelas geradas pelos métodos tradicionais (VPL e TIR, por exemplo). Isso porque, de acordo com o comportamento do cenário, passa-se a considerar a possibilidade de realizações de mudanças nos planos anteriormente traçados. O estudo desse tema é especialmente importante em cenários que apresentam bastante incerteza associada, pesados investimentos e alto grau de irreversibilidade. A
APA, Harvard, Vancouver, ISO, and other styles
28

Azevedo, Alcino Fernando Silva. "Investment decisions under uncertainty and competition : A real option approach." Thesis, University of Manchester, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.500479.

Full text
APA, Harvard, Vancouver, ISO, and other styles
29

Onkham, Wilawan. "A Real Option Dynamic Decision (RODD) Framework for Operational Innovations." Doctoral diss., University of Central Florida, 2013. http://digital.library.ucf.edu/cdm/ref/collection/ETD/id/5996.

Full text
Abstract:
Changing the business operations and adopting new operational innovations, have become key features for a business solution approach. However, there are challenges for developing innovative operations due to a lack of the proper decision analysis tools, lack of understanding the impacts transition will have on operational models, and the time limits of the innovation life cycle. The cases of business failure in operational innovation (i.e. Eastman Kodak Company and Borders Group Inc.,) support the need for an investment decision framework. This research aims to develop a Real Option Dynamic
APA, Harvard, Vancouver, ISO, and other styles
30

Landman, Daniel. "Real Option Analysis of Primary Rail Contracts in Grain Shipping." Thesis, North Dakota State University, 2017. https://hdl.handle.net/10365/28647.

Full text
Abstract:
Grain shipping for a country elevator involves many sources of risk and uncertainty. In response to these dynamic challenges faced by shippers, railroad carriers offer various types of forward contracting instruments and shuttle programs. Certain contracting instruments provide managerial flexibility by allowing shippers to sell excess railcars into a secondary market. The purpose of this study is to value this transferability as a European put option. A framework is developed around a material requirement planning schedule and real option analysis to represent the strategic decisions facing a
APA, Harvard, Vancouver, ISO, and other styles
31

Ben, Jazia Abderrahim. "Flexible public private partnerships : a real-option-based optimization approach." Thesis, Aix-Marseille, 2017. http://www.theses.fr/2017AIXM0176/document.

Full text
Abstract:
Les Partenariats Publics Privés (PPPs) peuvent être un outil efficace pour optimiser et moderniser la commande publique dans un contexte où les besoins en investissement public ne cessent d’accroître. Les fréquences importantes de renégociation et les difficultés à estimer correctement les revenus futurs demeurent un défi majeur lors de la structuration financière des PPPs. Ce travail propose d’incorporer des clauses financières flexibles afin de remédier à ce problème. L’approche développée se base sur les théories d’options réelles et d’optimisation multi-objectif. Dans un premier temps, une
APA, Harvard, Vancouver, ISO, and other styles
32

Ben, Jazia Abderrahim. "Flexible public private partnerships : a real-option-based optimization approach." Electronic Thesis or Diss., Aix-Marseille, 2017. http://www.theses.fr/2017AIXM0176.

Full text
Abstract:
Les Partenariats Publics Privés (PPPs) peuvent être un outil efficace pour optimiser et moderniser la commande publique dans un contexte où les besoins en investissement public ne cessent d’accroître. Les fréquences importantes de renégociation et les difficultés à estimer correctement les revenus futurs demeurent un défi majeur lors de la structuration financière des PPPs. Ce travail propose d’incorporer des clauses financières flexibles afin de remédier à ce problème. L’approche développée se base sur les théories d’options réelles et d’optimisation multi-objectif. Dans un premier temps, une
APA, Harvard, Vancouver, ISO, and other styles
33

Kim, Min-Jung Yao Tao. "Partnership conditions for new drug developemnt based on a real option." [University Park, Pa.] : Pennsylvania State University, 2009. http://etda.libraries.psu.edu/theses/approved/PSUonlyIndex/ETD-4058/index.html.

Full text
APA, Harvard, Vancouver, ISO, and other styles
34

Imamovic, Agnesa. "Real Option Valuation of Ericsson's High Precision In-Building Positioning (HIP)." Thesis, KTH, Industriell ekonomi och organisation (Inst.), 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-45620.

Full text
Abstract:
Ericsson is developing a new technology for accurate indoor positioning, named the HIP-solution. The HIP-solution is a joint product with areas of use in both the public safety market for emergency positioning and as a commercial platform for location based services. The driving force behind the development of Ericsson's HIP solution is E911, a legal requirement imposed in theU.S.where operators are required to position an emergency call within a radius of 50-300 meter, depending on available positioning technology. Location Based Services (LBS) are the other important market for the HIP-solut
APA, Harvard, Vancouver, ISO, and other styles
35

Casault, Sebastien. "Real Option Pricing Model Applied to Industrial and Regional Benefits Policy." Thesis, University of Ottawa (Canada), 2010. http://hdl.handle.net/10393/28760.

Full text
Abstract:
This research intends to inform policy discussion on the subject of Aerospace and Defence sector procurement strategies at Industry Canada (IC). Specifically, this research explores procurement strategies in terms of a real option pricing model that move toward a novel use of Industrial and Regional Benefits (IRB) policies in promoting sector-specific, innovation-driven growth. It is further hypothesized that IRB obligations can be better tailored to encourage value adding activities within prime contractors' supply chains (typically small and medium enterprises in this sector). This research
APA, Harvard, Vancouver, ISO, and other styles
36

Munoz, Cesar. "A REAL OPTION STRATEGIC SCORECARD DECISION FRAMEWORK FOR IT PROJECT SELECTION." Doctoral diss., University of Central Florida, 2006. http://digital.library.ucf.edu/cdm/ref/collection/ETD/id/2413.

Full text
Abstract:
ABSTRACT The problem of project selection is of significant importance in management of information systems. Almost $2 trillion is spent worldwide every year on IT projects, with over $600 billion spent in the US alone. Traditionally, managers have being using the classical net present value (NPV) method in conjunction with multicriteria scoring models for ROI analysis and selection of IT project investments The multicriteria models use ad-hoc evaluation criteria to assign priority weights and then rate the alternatives against each criterion. These models have two limitations. First, the crit
APA, Harvard, Vancouver, ISO, and other styles
37

LASKIER, RAFAEL CAMPOS. "REAL OPTION THEORY: AN INVESTMENT VALUATION APPROACH FOR VENTURE CAPITAL INDUSTRY." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2007. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=11346@1.

Full text
Abstract:
A metodologia tradicional do fluxo de caixa descontado, amplamente adotado pelas empresas para avaliar investimentos e tomar decisões, possui diversas limitações quando a análise está sujeita a incertezas e existem flexibilidades gerenciais. A teoria de opções reais surge como uma metodologia mais adequada para este tipo de cenário, uma vez que permite a avaliação do investimento em função das flexibilidades incluídas no projeto que podem ser modeladas de maneira semelhante ao cálculo do valor de uma opção financeira do mercado de capitais. Este trabalho analisa um investimento par
APA, Harvard, Vancouver, ISO, and other styles
38

FILIPPO, THAIS HERNANDEZ. "STRATEGIC INVESTMENTS PLANNING AND EXECUTION UNDER UNCERTAINTY: REAL OPTION THEORY CONTRIBUTIONS." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2011. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=19254@1.

Full text
Abstract:
COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>Este trabalho se propõe a orientar como utilizar de forma conjunta e complementar os conceitos de Estratégia Empresarial e Finanças, mais especificamente da Teoria de Opções Reais, uma moderna teoria de análise de investimentos sob incerteza. Nas empresas vem coexistindo dois sistemas para a alocação de recursos: o planejamento estratégico e a orçamentação de capital, em geral, o primeiro define as iniciativas estratégicas e o segundo faz a verificação de viabilidade econô
APA, Harvard, Vancouver, ISO, and other styles
39

CHAGASTELLES, THAISSA DUARTE. "VALUATION OF SMART COMPLETION VALUE IN WELL CONVERTION USING REAL OPTION." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2018. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=34499@1.

Full text
Abstract:
PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO<br>COORDENAÇÃO DE APERFEIÇOAMENTO DO PESSOAL DE ENSINO SUPERIOR<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTS. DE ENSINO<br>PROGRAMA DE SUPORTE À PÓS-GRADUAÇÃO DE INSTITUIÇÕES COMUNITÁRIAS DE ENSINO PARTICULARES<br>A completação inteligente é uma tecnologia inovadora que permite uma maior eficiência na produção dos campos do pré-sal, a principal fronteira de produção do Brasil atualmenente. Além disso, uma técnica comumente utilizada nos projetos de petróleo é a conversão de poços produtores em injetores quando há um declínio na vazão de pro
APA, Harvard, Vancouver, ISO, and other styles
40

Babajide, Abisoye (Abisoye E. ). "Real option analysis as a decision tool in oil field developments." Thesis, Massachusetts Institute of Technology, 2007. http://hdl.handle.net/1721.1/43101.

Full text
Abstract:
Thesis (S.M.)--Massachusetts Institute of Technology, System Design and Management Program, 2007.<br>Includes bibliographical references (p. 58-59).<br>This thesis shows the applicability and value of real options analysis in developing an oil field, and how its use along with decision analysis can maximize the returns on a given project and minimize the losses. It focuses on how capacity flexibility, the option to change the scale of a project, can significantly add value to a project especially in situations where technical uncertainties exist in a field development. This thesis first analyz
APA, Harvard, Vancouver, ISO, and other styles
41

Lin, Yen-Ching, and 林衍慶. "Stock Repurchase and Real Option." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/83079081024193353842.

Full text
Abstract:
碩士<br>元智大學<br>財務金融暨會計碩士班(財務金融學程)<br>104<br>This paper takes real option approach to model how companies consider exercising share repurchase when stock price are undervalued. Companies in deciding whether to execute the stock repurchase, there are many considerations, so there were many factors to explore the implementation of the hypothesis and there are many Share Repurchases Hypothesis. Signal Theory is one of the most discussed and widely studied. The researches of Dann (1981), Vermaelen (1981), Asquith and Mullins (1986) and Comment and Jarrell (1991) support the signal theory while Grull
APA, Harvard, Vancouver, ISO, and other styles
42

Kumar, Jiguita Manish. "The risk variable in a sequential investment option: a Real Options' approach." Master's thesis, 2016. https://repositorio-aberto.up.pt/handle/10216/86104.

Full text
APA, Harvard, Vancouver, ISO, and other styles
43

Kumar, Jiguita Manish. "The risk variable in a sequential investment option: a Real Options' approach." Dissertação, 2016. https://repositorio-aberto.up.pt/handle/10216/86104.

Full text
APA, Harvard, Vancouver, ISO, and other styles
44

Du, Hua-Ho, and 杜華和. "Intellectual Property Valuation ~ Using Real Option Approach." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/58702427366009905650.

Full text
Abstract:
碩士<br>國立中興大學<br>高階經理人碩士在職專班<br>93<br>Market Approach, Cost Approach, Income Approach and the Real Option Approach are common approaches in the field of ‘Intellectual Property Valuation’. Being Different from the other three approaches, the Real Option Approach valuate not only the ‘Risk’ aspect of an object but also the value of the object itself on the basis of Opportunity and Flexibility. The study adopted the Real Option Approach and Black-Scholes Model; took Patent, one of the Intellectual Properties, as the valuation object and chose new drug industry as the study case to examine the Ap
APA, Harvard, Vancouver, ISO, and other styles
45

Cho, KEI, and 鄒貴聖. "The real option approch to investment decision." Thesis, 1997. http://ndltd.ncl.edu.tw/handle/88253351629355074944.

Full text
Abstract:
碩士<br>長庚醫學暨工程學院<br>管理科學系<br>85<br>AbstractThe investment decisions that are assessed by traditional financial criteria and strategic tools cannot reflect efficiently the real value of investment project under fierce environment fluctuation and uncertainty. In recent years, performing of strategic investment was viewed as a relative theory that extends from real option. Just like dynamic programming that provides investors a method of contingent decision and a solution to the deviation of in
APA, Harvard, Vancouver, ISO, and other styles
46

LIN, CHING-FENG, and 林慶豐. "Real option valuation of urban regeneration application." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/09002464956834429365.

Full text
Abstract:
碩士<br>國立臺灣科技大學<br>營建工程系<br>98<br>The urban regeneration practice operates has the high uncertainty and the risk, but the traditional value evaluated method is unable to express the urban regeneration project accurately the value which conceals under the uncertain factor. Therefore, in this research that applies the method of real options for the characteristics of the urban regeneration practice operates to evaluate the value of urban regeneration investment proposal and inquire the option value into enterprise period and construction period of urban regeneration. At the same time, this stud
APA, Harvard, Vancouver, ISO, and other styles
47

Chou-wen, Wang, and 王昭文. "Valuing BOT Projects -A Real Option Approach." Thesis, 1998. http://ndltd.ncl.edu.tw/handle/98041405370358262938.

Full text
APA, Harvard, Vancouver, ISO, and other styles
48

CHEN, MING-YU, and 陳明裕. "Family Firm, Real Option, and Investment Policy." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/17269755884590507252.

Full text
Abstract:
碩士<br>國立高雄大學<br>金融管理學系碩士班<br>104<br>We examine the relation between family ownership and corporate investment policy. Our analysis centers on two hypotheses: (1) family owners’ risk aversion (Anderson et al., 2012) and (2) their option to invest (Grullon et al., 2012), which potentially influence the level and type of investments that family firms undertake. If real option hypothesis dominates the risk aversion hypothesis,(1) we find that firms in Taiwan devote more capital to long-term investments while they possess real option; (2) when dividing long-term investment into its two components o
APA, Harvard, Vancouver, ISO, and other styles
49

TSENG, WEI-JERNG, and 曾維正. "Venture Capital Investment Using Real Option Approach." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/76289141866815524110.

Full text
Abstract:
碩士<br>國立臺灣大學<br>財務金融學研究所<br>90<br>This thesis explores the venture capital investment in high tech company with large capital expenditure, high technical barrier and high market uncertainty. This thesis uses TFT-LCD 5th generation production line as example and further identified the uncertainties embedded in TFT-LCD production line investment. By using the real option approach, the managerial flexibility can be addressed properly for maximum investment return. We also provided a numerical example to provide company executives practical reference in decision-making. From the numeric
APA, Harvard, Vancouver, ISO, and other styles
50

吳聰皓. "The valuation of projects:a real-option approach." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/56209495792233028871.

Full text
Abstract:
博士<br>國立政治大學<br>財務管理研究所<br>98<br>Valuation of R&D projects is quite complex due to the substantial uncertainties in a project's life-cycle phases. The sequential nature of R&D projects continuously provides decision-makers with choices regarding whether and when to undertake future potential investment opportunities. This means that when valuing R&D projects decision-makers should take these factors into account. But R&D project usually takes long time to complete processes for commercialization. If the time to complete is longer, it is easier to trigger the crisis for capital shortage. So it
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!